Samsara (NYSE:IOT) Insider Sells 6,876 Shares

Key Points

• Samsara insider Adam Eltoukhy sold 6,876 shares at an average price of $39.82, generating $273,802.32. The transaction, executed under a Rule 10b5-1 plan, reduced his holdings by 1.59% to 425,080 shares.
• Samsara shares rose 5.1% to $41.87, while the company reported quarterly revenue of $478.84 million, up 30.5% year over year, and adjusted earnings of $0.17 per share—above analyst expectations.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $46.67, although Piper Sandler downgraded the stock to neutral. Institutional investors own 96.02% of Samsara’s shares.

Samsara Inc. (NYSE:IOT - Get Free Report) insider Adam Eltoukhy sold 6,876 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $39.82, for a total transaction of $273,802.32. Following the completion of the transaction, the insider directly owned 425,080 shares of the company's stock, valued at $16,926,685.60. This trade represents a 1.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Eltoukhy also recently made the following trade(s):

• On Monday, July 27th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The shares were sold at an average price of $34.95, for a total transaction of $127,672.35.
• On Monday, July 6th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The shares were sold at an average price of $37.00, for a total transaction of $135,161.00.
• On Monday, June 29th, Adam Eltoukhy sold 2,039 shares of Samsara stock. The shares were sold at an average price of $32.08, for a total transaction of $65,411.12.
• On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The stock was sold at an average price of $32.21, for a total transaction of $51,986.94.

Samsara Stock Up 5.1%

Shares of NYSE:IOT traded up $2.02 during trading on Thursday, hitting $41.87. 5,185,451 shares of the company were exchanged, compared to its average volume of 6,838,123. The business's 50 day moving average is $36.54 and its 200-day moving average is $32.63. The company has a market capitalization of $24.40 billion, a P/E ratio of 418.69, a price-to-earnings-growth ratio of 8.79 and a beta of 1.34. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47.

Samsara (NYSE:IOT - Get Free Report) last released its quarterly earnings data on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. During the same quarter last year, the business posted $0.11 EPS. Samsara's revenue for the quarter was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, sell-side analysts anticipate that Samsara Inc. will post 0.15 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System lifted its position in shares of Samsara by 3,119.1% during the 2nd quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company's stock valued at $484,256,000 after acquiring an additional 15,216,568 shares during the period. Goldman Sachs Group Inc. grew its holdings in Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company's stock worth $421,079,000 after purchasing an additional 4,401,082 shares during the period. Norges Bank bought a new stake in Samsara in the fourth quarter valued at $127,415,000. Vanguard Group Inc. increased its stake in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company's stock valued at $1,174,620,000 after purchasing an additional 3,417,849 shares in the last quarter. Finally, Brown Advisory Inc. raised its holdings in shares of Samsara by 42.1% during the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company's stock valued at $397,536,000 after purchasing an additional 3,322,023 shares during the period. 96.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on IOT shares. Piper Sandler lowered shares of Samsara from an "overweight" rating to a "neutral" rating and set a $40.00 target price on the stock. in a report on Sunday, August 9th. KeyCorp lifted their price target on shares of Samsara from $41.00 to $46.00 and gave the stock an "overweight" rating in a report on Monday. Truist Financial boosted their price objective on shares of Samsara from $30.00 to $38.00 and gave the stock a "hold" rating in a research note on Wednesday, August 19th. Morgan Stanley set a $43.00 price objective on Samsara in a report on Tuesday, July 21st. Finally, Wells Fargo & Company raised their target price on Samsara from $46.00 to $50.00 and gave the stock an "overweight" rating in a research report on Friday, June 5th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $46.67.

Samsara Company Profile

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.

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